TNT Sports loses almost £190m since BT Sport rebrand April 25, 2025 TNT Sports, the broadcasting giant co-owned by BT and Warner Bros Discovery, lost almost £190m during its latest financial year, it has been revealed. The business, which rebranded from BT Sport in 2023, has posted a pre-tax loss of £187.5m for the 12 months to 31 July, 2024, new accounts filed with Companies House show. [...]
Sky, BT, IMG, ITV and BBC: Broadcasters caught in freelancer pay fixing scandal March 21, 2025 The UK’s sports broadcaster heavyweights have been fined for unlawfully colluding to fix freelancer pay rates, leading to over £4m in penalties. BT, IMG, ITV and the BBC have all admitted to illegally sharing sensitive payment information and details to suppress wages for production staff. Sky, which also participated, avoided a financial penalty by reporting [...]
Fast broadband ‘revolution’ in final phase, Ofcom says March 20, 2025 The roll-out of ultrafast broadband across the UK is in its “final phase” and could reach nearly all homes by 2027, Ofcom has said. The industry regulator said data it had compiled from telecoms firms indicated 96 per cent homes and businesses would have access to full-fibre by 2027 with the right investment and regulation. [...]
BT boss and Ella’s Kitchen founder join new board of trade March 14, 2025 BT chief executive Allison Kirkby and Ella’s Kitchen founder Paul Lindley are among the government’s appointments to the newly revamped board of trade. The Department for Business and Trade (DBT) has unveiled the new expert panel, which will aim to advocate for their sectors and help businesses, including the UK’s small and medium-sized enterprises (SMEs), [...]
BT appoints chief for new UK-centric business arm as revenue dips January 30, 2025 BT has appointed a CEO for its new UK-centric BT Business, at the same time as reporting a dip in revenue due to tough trading outside of the UK. BT’s share price fell just over four per cent in early trades. Jon James will be appointed a CEO of BT Business in March, and it [...]
BT successfully fights off £1.3bn ‘overcharging’ class action December 19, 2024 Telecoms giant BT has successfully defended a £1.3bn class action over allegations it “disproportionately overcharged” its landline customers
Businesses warn of £400m in extra costs after Reeves’s Budget tax raid November 8, 2024 Businesses across the UK are sounding the alarm over rising costs after Rachel Reeves raised taxes by some £40bn at the Budget last week. The Chancellor announced that employer’s national insurance contributions (NIC) will increase by 1.2 per cent to 15 per cent, and the threshold at which businesses start paying the levy will be [...]
BT: Challenging conditions hit revenue at FTSE 100 giant November 7, 2024 BT shares traded lower by as much as 3.9 per cent in early deals this morning after the company downgraded its growth outlook for the year. The company reported a slight decline in revenue for the half-year ended 30 September 2024 due to what it has called challenging conditions in its business arm and more [...]
How BT, EE, Plusnet, Talktalk, O2 and Virgin Media misled customers over mid-contract price rises October 9, 2024 Six of the UK’s biggest broadband providers, BT, EE, Plusnet, Talktalk, O2 and Virgin Media, failed to make mid-contract price increases clear to consumers, the advertising watchdog has ruled. The Advertising Standards Authority (ASA) said the companies misled consumers by placing important information about price rises separately to headline prices and in areas of less [...]
Big Tech is muscling broadcasters out of live sports streaming October 2, 2024 Traditional broadcasters might be starting to sweat. Live sports streaming has always been a cash cow, but the game is changing, and there are new players on the field. For years, Sky and BT ruled the arena of sports media rights but, over the past decade, Big Tech has been muscling its way into the [...]